Free Trial

Northrop Grumman (NOC) Competitors

$444.78
+2.41 (+0.54%)
(As of 06/6/2024 ET)

NOC vs. HON, BA, LMT, GD, TDG, HEI, TDY, TXT, CW, and HII

Should you be buying Northrop Grumman stock or one of its competitors? The main competitors of Northrop Grumman include Honeywell International (HON), Boeing (BA), Lockheed Martin (LMT), General Dynamics (GD), TransDigm Group (TDG), HEICO (HEI), Teledyne Technologies (TDY), Textron (TXT), Curtiss-Wright (CW), and Huntington Ingalls Industries (HII). These companies are all part of the "aerospace & defense" industry.

Northrop Grumman vs.

Honeywell International (NASDAQ:HON) and Northrop Grumman (NYSE:NOC) are both large-cap multi-sector conglomerates companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, community ranking, media sentiment, earnings, dividends and risk.

Honeywell International received 535 more outperform votes than Northrop Grumman when rated by MarketBeat users. Likewise, 75.58% of users gave Honeywell International an outperform vote while only 62.33% of users gave Northrop Grumman an outperform vote.

CompanyUnderperformOutperform
Honeywell InternationalOutperform Votes
1182
75.58%
Underperform Votes
382
24.42%
Northrop GrummanOutperform Votes
647
62.33%
Underperform Votes
391
37.67%

75.9% of Honeywell International shares are held by institutional investors. Comparatively, 83.4% of Northrop Grumman shares are held by institutional investors. 0.4% of Honeywell International shares are held by company insiders. Comparatively, 0.2% of Northrop Grumman shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Honeywell International has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500. Comparatively, Northrop Grumman has a beta of 0.35, indicating that its share price is 65% less volatile than the S&P 500.

Honeywell International has a net margin of 15.52% compared to Honeywell International's net margin of 5.38%. Northrop Grumman's return on equity of 35.88% beat Honeywell International's return on equity.

Company Net Margins Return on Equity Return on Assets
Honeywell International15.52% 35.88% 9.89%
Northrop Grumman 5.38%24.09%7.88%

In the previous week, Honeywell International had 12 more articles in the media than Northrop Grumman. MarketBeat recorded 22 mentions for Honeywell International and 10 mentions for Northrop Grumman. Honeywell International's average media sentiment score of 0.76 beat Northrop Grumman's score of 0.55 indicating that Northrop Grumman is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Honeywell International
8 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Northrop Grumman
8 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Honeywell International currently has a consensus price target of $220.38, suggesting a potential upside of 5.72%. Northrop Grumman has a consensus price target of $514.33, suggesting a potential upside of 15.64%. Given Honeywell International's higher possible upside, analysts clearly believe Northrop Grumman is more favorable than Honeywell International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Honeywell International
1 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.29
Northrop Grumman
1 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.27

Honeywell International pays an annual dividend of $4.32 per share and has a dividend yield of 2.1%. Northrop Grumman pays an annual dividend of $8.24 per share and has a dividend yield of 1.9%. Honeywell International pays out 50.1% of its earnings in the form of a dividend. Northrop Grumman pays out 57.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Honeywell International has increased its dividend for 13 consecutive years and Northrop Grumman has increased its dividend for 20 consecutive years. Honeywell International is clearly the better dividend stock, given its higher yield and lower payout ratio.

Honeywell International has higher earnings, but lower revenue than Northrop Grumman. Honeywell International is trading at a lower price-to-earnings ratio than Northrop Grumman, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Honeywell International$36.66B3.70$5.66B$8.6324.15
Northrop Grumman$39.29B1.68$2.06B$14.3031.10

Summary

Honeywell International beats Northrop Grumman on 13 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NOC vs. The Competition

MetricNorthrop GrummanSearch & navigation equipment IndustryAerospace SectorNYSE Exchange
Market Cap$65.82B$14.52B$17.29B$17.73B
Dividend Yield1.84%1.89%1.39%3.53%
P/E Ratio31.1018.5920.3326.14
Price / Sales1.6838.8820.1714.27
Price / Cash13.7915.4721.6119.39
Price / Book4.5128.394.565.02
Net Income$2.06B$455.34M$441.59M$975.61M
7 Day Performance-1.33%0.03%-1.52%-0.82%
1 Month Performance-6.07%-3.75%-2.37%0.47%
1 Year Performance-1.89%14.81%16.73%9.64%

Northrop Grumman Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HON
Honeywell International
1.705 of 5 stars
$207.23
+2.4%
$220.38
+6.3%
+6.2%$134.95B$36.66B24.0195,000Analyst Forecast
BA
Boeing
3.2707 of 5 stars
$188.63
+2.2%
$220.89
+17.1%
-7.7%$115.80B$77.79B-53.14171,000
LMT
Lockheed Martin
3.8879 of 5 stars
$468.72
+0.2%
$485.40
+3.6%
+2.2%$112.46B$67.57B17.15122,000
GD
General Dynamics
4.1038 of 5 stars
$297.32
-0.3%
$300.63
+1.1%
+41.5%$81.57B$42.27B24.25111,600Dividend Announcement
Positive News
TDG
TransDigm Group
3.6247 of 5 stars
$1,340.83
+0.1%
$1,363.38
+1.7%
+67.8%$74.94B$7.30B53.1915,500Positive News
HEI
HEICO
3.3174 of 5 stars
$228.45
+2.7%
$226.00
-1.1%
+41.1%$31.61B$2.97B71.849,600Analyst Upgrade
TDY
Teledyne Technologies
3.9532 of 5 stars
$395.40
+0.5%
$470.83
+19.1%
+0.3%$18.73B$5.64B21.3814,900Positive News
TXT
Textron
4.0277 of 5 stars
$87.02
-0.3%
$99.29
+14.1%
+34.9%$16.59B$13.68B18.5935,000Analyst Revision
Positive News
CW
Curtiss-Wright
4.0638 of 5 stars
$277.10
-1.6%
$302.50
+9.2%
+64.0%$10.61B$2.85B28.548,600Insider Selling
HII
Huntington Ingalls Industries
4.4799 of 5 stars
$250.54
+0.1%
$278.00
+11.0%
+19.4%$9.88B$11.45B14.1244,000Positive News

Related Companies and Tools

This page (NYSE:NOC) was last updated on 6/7/2024 by MarketBeat.com Staff

From Our Partners